£295,995
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for LUTON 1
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Rodeheath, Luton, LU4 9XA
Phone: 02030071910
| Price Paid | Date |
|---|---|
| £220,000 | 10 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in June 2016 the House Price Index for LUTON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £220,000 results in an estimated price of approximately £295,995.
| 10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £220,000 | £75,995 | £295,995 |
The Postcode Pricing Model uses changes in average sales price within the LU4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 39.639 % | £87,204 | £307,204 |
| 3 Month Average | 38.854 % | £85,478 | £305,478 |
| 6 Month Average | 49.603 % | £109,126 | £329,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £420,679 | £410,000 | 31 ORCHARD WAY |
| 28 Sep 2021 | £387,548 | £357,000 | 18 ORCHARD WAY |
| 10 Sep 2021 | £407,088 | £375,000 | 112 HIGH STREET |
| 28 Jun 2021 | £342,635 | £317,000 | 3 ORCHARD PLACE ORCHARD WAY |
| 6 Jan 2021 | £425,415 | £370,000 | 37 ORCHARD WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 19 May 2016. Using an estimated price of £295,996 means this house is valued at £4,417 per sq meter (£410 per sq foot).
The average size of a house on HIGH STREET is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jonathan Henry Place |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Petrol Station |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chatteris Close |